By far the most commonly, though not exclusively, used vehicle
for setting up and operating a corporate joint venture (JV) in
Malta is the private limited liability company. If the joint
venture parties are crystal clear on how they wish to collaborate
and on the manner in which power will be wielded among them, the
joint venture may be set up relatively quickly but should by no
means be a rushed or thoughtless exercise. The detailed elements
regulating the joint venture are commonly fleshed out in a joint
venture or shareholders' agreement (JVA). Oftentimes, the joint
venture parties are keen on keeping the operational and commercial
details of the venture private which is why it is useful that in
terms of the Maltese Companies Act it is only certain key elements
of the structure that must mandatorily be replicated into the
company's memorandum and articles of association (M&A)
which enter the public domain.
